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"INFO -  What is the main difference between Stellar and Ripple protocols?
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#1
[Image: 1500_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWd...5wbmc=.jpg]
To answer the original question:
Protocol is a bit overloaded depending at which level you're trying to look at things.
 
As of April 2015, Stellar and Ripple don't really share any code even though Stellar was started as a fork of Ripple back in 2014 and therefore preserves some of the semantics (like tracking accounts in a distributed ledger or native support for assets and currencies).
 
At a low level, the consensus mechanism used by Stellar is a decentralized version of PBFT called Stellar Consensus Protocol (Page on stellar.org), whereas Ripple uses probabilistic voting (Consensus Whitepaper). Those are fairly different even though they both tackle solving the same problem of reaching consensus between nodes. SCP biases towards correctness at the expense of liveness; Ripple follows a model similar to Bitcoin allowing ledger forks to occur temporarily and relying on majority validation.
 
At the system  level, Stellar's native currency is inflationary whereas Ripple's is not.
 
At the ledger operation level, Stellar adopted a very strict API based off XDR (RFC 1832 - XDR: External Data Representation Standard), Ripple is built on top of Google proto buf ( Protocol Buffers — Google Developers ). XDR can be thought of as "statically typed" vs "dynamically typed" for something like proto buf: the tradeoffs made are speed of development (in Ripple) vs safety and correctness (for Stellar's approach).
 
This question may not be the right place to break down all differences at the "payment network level". This would include things like the differences between how multi-sig is implemented or how to perform certain types of transactions (like escrow).

   
source
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#2
Go to market Strategy.

Stellar wants to target individuals as the user base. 
Ripple wants to target Financial Institutions as the user base.

Considering the regulatory environment around the distributed ledger industry.

I am not aware of  Stellar's legal strategy. Honestly I haven't looked, but the Stellar Team page does not show a Compliance officer, Chief Risk officer, or any legal expertise. This leads me to believe they are mainly focused on technology.
I have heard via the grapevine that "Regulators dont care about small transactions".  Certainly, AML does not kick in till transaction size is $10k, but....?

Ripple is making an organized effort to engage with Regulators, Central Banks, & Treasuries of several countries. 
Listed is in order from the Ripple Labs Team page
  • Compliance and Risk Strategy

  • Head of BSA / AML Compliance

  • Chief Risk Officer

  • Chief Compliance Officer

  • Regulatory Relations Specialist

  • Compliance Analyst
Market Timing (my opinion, there are no facts till hindsight)

We are 7-8 years after the introduction of Bitcoin, so there is a short history of distributed ledger tech & conversation about possibilities. The market sees this potential & is in search of a way to deploy the tech and stay out of jail.  

Deploying distributed ledger technology requires legal answers to questions that have not been asked before. Ripple Lab's strategy to go after Financial Institutions (who have a deep bench of regulatory & compliance specialists) could possibly be hitting the market timing right.

After Ripple Labs, Financial Institutions, & Regulatory bodies work together to identify answers to many of these questions, the cost of deploying a distributed ledger based technology will be greatly reduced. 

After that is done, having more legal clarity, I can see distributed ledger start-ups with a Go to Market Strategy targeting individual users being more likely to receive consumer adoption, & find the market timing to be right.

Regarding the technology of the two protocols

The similarities will always remain. The two groups will develop different answers to the same problems.
They are both open source so if one group develops a great answer to a specific problem, I am sure the other group will borrow the code.

   
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#3
Both are good altcoins, as long as there are buyers and sellers, the prices will hike in the upcoming years.
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#4
(20-05-2017, 11:16 PM)lauriceyvolle Wrote: Both are good altcoins, as long as there are buyers and sellers, the prices will hike in the upcoming years.

I agree, they are both have possitive plans for the community. And as long as the value of coins increasing they will still be popular in cryptocurrency world.
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#5
Yang paling penting itu dapat poin nya
Itu dimana ya
Karna kurang faham tunjukan padaku di mana?
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#6
thank you friend for sharing this new knowledge to me Big Grin
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#7
(19-05-2017, 04:55 PM)9matahari Wrote:
[Image: 1500_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWd...5wbmc=.jpg]
To answer the original question:
Protocol is a bit overloaded depending at which level you're trying to look at things.
 
As of April 2015, Stellar and Ripple don't really share any code even though Stellar was started as a fork of Ripple back in 2014 and therefore preserves some of the semantics (like tracking accounts in a distributed ledger or native support for assets and currencies).
 
At a low level, the consensus mechanism used by Stellar is a decentralized version of PBFT called Stellar Consensus Protocol (Page on stellar.org), whereas Ripple uses probabilistic voting (Consensus Whitepaper). Those are fairly different even though they both tackle solving the same problem of reaching consensus between nodes. SCP biases towards correctness at the expense of liveness; Ripple follows a model similar to Bitcoin allowing ledger forks to occur temporarily and relying on majority validation.
 
At the system  level, Stellar's native currency is inflationary whereas Ripple's is not.
 
At the ledger operation level, Stellar adopted a very strict API based off XDR (RFC 1832 - XDR: External Data Representation Standard), Ripple is built on top of Google proto buf ( Protocol Buffers — Google Developers ). XDR can be thought of as "statically typed" vs "dynamically typed" for something like proto buf: the tradeoffs made are speed of development (in Ripple) vs safety and correctness (for Stellar's approach).
 
This question may not be the right place to break down all differences at the "payment network level". This would include things like the differences between how multi-sig is implemented or how to perform certain types of transactions (like escrow).


source

Stellar comes from Ripple. Its good to research and get informed
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#8
Very good information. Thanks for sharing this piece with the members of this forum.
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